At Stock Options Channel, our YieldBoost formula has looked up and down the SPXU options chain for the new August 18th contracts and identified one put and one call contract of particular interest. The put contract at the $16.00 strike …
Disclosure: I am/we are long SPY,QQQ,SPXU. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than …
ETFs
SPXU) entered into oversold territory, changing hands as low as $34.52 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero …
In other words, if the S&P 500 falls 1%, SPXU should rally 2%, and vice versa. So as the stock market has moved higher throughout the past year, SPXU has moved lower. Like SPXU, the ProShares UltraPro Short QQQ Fund (SQQQ) is a …
A pop in the increasingly bubbly Chinese stock market wouldn’t do much to encourage investors ... the inverse of the S&P 500’s performance on a daily basis, while the SPXU is designed to provide 3x the inverse. The former charges 0.89%, …
4. Buy a protective exchange traded fund in your portfolio that is short the stock market. One that would work would be the Pro Shares UltraPro Short S&P 500 (NYSEMKT: SPXU) ETF. This instrument is actually two times short the S&P 500. …
Wall Street
Investors in Proshares UltraPro Short S&P500 (AMEX:SPXU) saw new options begin trading this week, for the February 2017 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the SPXU options chain …
SPXU was issued by ProShares on June 23, 2009. The ProShares UltraPro Short S&;P 500 ETF is listed on the New York Stock Exchange Arca, and speculative traders can trade it on multiple platforms. The fund is legally structured as …
Toby Connor: Friday’s big rally on the better than expected employment report has now generated the kind of euphoria …
In other words, if the S&P 500 falls 1%, SPXU should rally 2%, and vice versa. So as the stock market has moved higher throughout the past year, SPXU has moved lower. Like SPXU, the ProShares UltraPro Short QQQ Fund (SQQQ) is a …